Stock market update: Power stocks up as market rises

The 30-share BSE Sensex closed up 708.18 points at 59276.69

Reuters
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
NEW DELHI: Power shares closed higher in the Friday's session.

Adani Power(up 9.91%), Alstom T&D India(up 7.26%), Gujarat Industries Power(up 5.92%), NTPC(up 5.89%), Indowind Energy(up 4.93%), Reliance Power(up 4.81%), PTC India(up 4.74%), RTNPOWER(up 4.67%), CESC(up 3.82%) and Power Grid Corporation of India(up 3.81%) stood among the top gainers.

Jyoti Structures(down 4.04%), K.P.I. Global Infrastructure(down 2.33%), Hitachi Energy India(down 0.70%) and Indo Tech Transformers(down 0.67%) were among the top losers of the day.


The NSE Nifty50 index ended 205.7 points up at 17670.45, while the 30-share BSE Sensex closed up 708.18 points at 59276.69.

NTPC(up 5.89%), Bharat Petroleum Corporation(up 4.19%), Power Grid Corporation of India(up 3.81%), IndusInd Bank(up 3.55%), State Bank of India(up 2.97%), Indian Oil Corporation(up 2.65%), HDFC(up 2.59%), Mahindra & Mahindra(up 2.48%), Oil & Natural Gas Corporation(up 2.47%) and HDFC Bank(up 2.42%) stood among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp(down 2.35%), Tech Mahindra(down 0.82%), SBI Life(down 0.72%), Sun Pharmaceutical Industries(down 0.66%), Titan Company Ltd(down 0.6%), Divis Laboratories(down 0.51%), Dr Reddys Laboratories(down 0.37%), Cipla(down 0.31%), Apollo Hospitals Enterprises(down 0.2%) and Infosys(down 0.17%) closed in the red.
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